News
Important Only
FOREX-Dollar gains after strong US jobs data stretches market hopes of Fed cut
US economy adds 147,000 jobs in JuneDollar strengthens against yen and francEuro weakens against the dollarUS Treasury yields rise, Benchmark S&P 500 hits record highBritish sterling strengthensBy Chibuike Oguh NEW YORK, July 3 (Reuters) - The U.S. dollar rose against major currencies, inclu...Reuters
Thu, Jul 3
GBP/JPY snaps losing streak as Yen weakens across the board
The British Pound (GBP) gains ground against the Japanese Yen (JPY) on Thursday, supported by stronger-than-expected US Non-Farm Payrolls (NFP) data, which lifted global risk sentiment and weighed on traditional safe-haven currency.
Fxstreet
Thu, Jul 3
CANADA FX DEBT-Canadian dollar strengthens to two-week high against out of favor greenback
Canadian dollar gains 0.2% against the greenbackTouches its strongest since June 17 at 1.3557Canada's trade deficit narrows to C$5.9 billionBond yields rise across the curveBy Fergal Smith TORONTO, July 4 (Reuters) - The Canadian dollar strengthened to a two-week high against its U.S. counter...Reuters
Thu, Jul 3
Treasury's Bessent: May turn to short-term debt for US financing needs
WASHINGTON, July 3 (Reuters) - Treasury Secretary Scott Bessent said on Thursday that U.S. financing needs could increase after enactment of Republicans' sweeping tax cut and spending bill, with the Treasury likely to refill its coffers after debt ceiling constraints are lifted with increased in...Reuters
Thu, Jul 3
IMF says Argentina delegation in Washington to discuss loan review
WASHINGTON, July 3 (Reuters) I - The International Monetary Fund said on Thursday that it is meeting this week with a technical delegation from Argentina to discuss advancement of the first review of Argentina's new $20 billion IMF loan program.IMF spokesperson Julie Kozack said that overall dis...Reuters
Thu, Jul 3
GBP/USD steady despite US jobs surprise, Reeves uncertainty caps gains
The Pound Sterling remained steady against the Greenback on Thursday after a solid Nonfarm Payrolls report in the United States (US) cemented the case that the Federal Reserve would hold rates at the July meeting, as the Unemployment Rate ticked lower.
Fxstreet
Thu, Jul 3
EUR/JPY extends rally to one-year high as US NFP boosts risk sentiment
The Euro (EUR) trades firmly against the Japanese Yen (JPY) on Thursday, with the EUR/JPY cross climbing to its highest level since July 2024 following upbeat US Nonfarm Payrolls (NFP) data. At the time of writing, the pair is edging higher, trading around 170.40 during the American trading session.
Fxstreet
Thu, Jul 3
At Sintra getaway, central bankers mull threats to their domain
Global officials at ECB Forum discuss future of the dollarStablecoins, Trump attacks on Fed seen as threatFed's safety net for foreign banks openly questionedBy Francesco Canepa and Balazs Koranyi SINTRA, Portugal, July 3 (Reuters) - At their annual gathering in the hills of Portugal's Si...Reuters
Thu, Jul 3
FOREX-Dollar advances after stronger than expected US jobs data
US economy adds 147,000 jobs in JuneDollar strengthens against yen and francEuro weakens against the dollarUS Treasury yields riseBritish sterling strengthensBy Chibuike Oguh NEW YORK, July 3 (Reuters) - The U.S. dollar rose against major currencies including the yen, euro and Swiss franc on Thur...Reuters
Thu, Jul 3
USD/JPY advances as upbeat NFP lifts US Dollar
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Thursday, as stronger-than-expected US Nonfarm Payrolls (NFP) data lifts the Greenback and reinforces policy divergence between the Federal Reserve (Fed) and the Bank of Japan (BoJ).
Fxstreet
Thu, Jul 3
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% lower at C$1.3617 to the greenback, or 73.44 U.S. cents, after trading in a range of 1.3579 to 1.3623.Canadian government 10-year bond yields CA10YT=RR...Reuters
Thu, Jul 3
ECB wary of rising global trade uncertainty, June accounts show
June ECB minutes reveal wariness over trade war and inflationCurrent strength of euro noted in accountsLatest rate cut aimed at preventing tightening of financial conditionsBy Marc Jones and Yoruk Bahceli July 3 (Reuters) - Euro zone policymakers cut rates last month to prevent an unwarranted tig...Reuters
Thu, Jul 3
FOREX-Dollar advances against peers following stronger-than-expected jobs data
US economy adds 147,000 jobsDollar strengthens against yen and francEuro weakens against the dollarUS Treasury yields riseBy Chibuike OguhNEW YORK, July 3 (Reuters) - The U.S. dollar advanced against major currency pairs including the yen, euro and Swiss franc on Thursday after data showed that the ...Reuters
Thu, Jul 3
ANALYSIS-UK markets head back into troubled waters as fiscal angst rises
Outlook for pound, gilts weakensUK fiscal worries back in focus for markets Sterling could fall 10% vs euro over next 12 months - analystBy Linda Pasquini July 3 (Reuters) - A string of policy U-turns has blown a hole in the UK government's budget plans, bringing sterling's stellar run ag...Reuters
Thu, Jul 3
FOREX-Dollar steady with focus on crucial US payroll data
Dollar near 3-1/2-year low ahead of payrolls dataEmployment report could help shape US rate pathPound steadies after drop on fiscal worriesUS House of Representatives advances tax-cut billBy Ankur Banerjee and Johann M Cherian SINGAPORE, July 3 (Reuters) - The dollar remained close to this week&#...Reuters
Thu, Jul 3
GBP up modestly, recovering a portion of Wednesday losses – Scotiabank
Pound Sterling (GBP) is up modestly, entering Thursday’s NA session with a 0.2% gain as it recovers a portion of Wednesday’s politically-driven losses, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Thu, Jul 3
